Unit values at basic prices in Iceland
Iceland: Unit values at basic prices was 305.8 Euro per tonne in 2016. ▲ Rising
Latest (2016)
305.8 Euro per tonne
Change on year
down 5.2%
World rank
3rd
of 40 countries
All-time high
386.6 Euro per tonne
in 2012
All-time low
229.4 Euro per tonne
in 2009
Years of data
10
2007–2016
Unit values at basic prices in Iceland, 2007–2016
Source: Eurostat. Measured in Euro per tonne.
Analysis
The most recent figure for unit values at basic prices in Iceland is 305.8 Euro per tonne, measured in 2016.
That represents a change of down 5.2% on the previous year and up 4.3% over ten years.
Over the whole period, unit values at basic prices in Iceland peaked at 386.6 Euro per tonne in 2012 and was at its lowest, 229.4 Euro per tonne, in 2009.
Iceland ranks 3rd of 40 countries on this measure, in the top 10%.
Unit values at basic prices in Iceland, year by year
| Year | Euro per tonne | Change |
|---|---|---|
| 2007 | 293.3 Euro per tonne | — |
| 2008 | 237.2 Euro per tonne | -19.1% |
| 2009 | 229.4 Euro per tonne | -3.3% |
| 2010 | 239.9 Euro per tonne | +4.6% |
| 2011 | 349.3 Euro per tonne | +45.6% |
| 2012 | 386.6 Euro per tonne | +10.7% |
| 2013 | 315.1 Euro per tonne | -18.5% |
| 2014 | 322 Euro per tonne | +2.2% |
| 2015 | 322.7 Euro per tonne | +0.2% |
| 2016 | 305.8 Euro per tonne | -5.2% |
Iceland compared with similar countries
- Iceland's 305.8 Euro per tonne is above the median for Europe & Central Asia, which is 166.8 Euro per tonne, 1.8× the median. (30 countries reporting)
- Iceland's 305.8 Euro per tonne is above the median for high income countries, which is 166.8 Euro per tonne, 1.8× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 253.3 Euro per tonne | 229.4 Euro per tonne | 293.3 Euro per tonne | 3 |
| 2010s | 320.2 Euro per tonne | 239.9 Euro per tonne | 386.6 Euro per tonne | 7 |
Countries ranked near Iceland
- 1 Belgium 4,232 Euro per tonne
- 2 Switzerland 335.2 Euro per tonne compare
- 4 Norway 292.2 Euro per tonne compare
- 5 Netherlands 268.2 Euro per tonne compare
- 5 Netherlands 268.2 Euro per tonne compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is unit values at basic prices in Iceland?
- Unit values at basic prices in Iceland was 305.8 Euro per tonne in 2016, according to Eurostat.
- What is the highest unit values at basic prices recorded in Iceland?
- The highest recorded value was 386.6 Euro per tonne in 2012.
- What is the lowest unit values at basic prices recorded in Iceland?
- The lowest recorded value was 229.4 Euro per tonne in 2009.
- How does Iceland rank for unit values at basic prices?
- Iceland ranks 3rd out of 40 countries with data for 2016.
- Is unit values at basic prices rising or falling in Iceland?
- Over the last ten years it is up 4.3%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Unit values at basic prices. Statizoid updates them automatically from the source API.
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